2451 Nw Old Thompson Bridge Road, Gainesville, GA

$1,849,999

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0.01

Acres

About 2451 Nw Old Thompson Bridge Road

Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia's fastest-growing markets. An additional opportunity is available to purchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.

Features of 2451 Nw Old Thompson Bridge Road

MLS® # 7738614
Price $1,849,999
Acres 0.01
Year Built 2024
Type Residential Income
Sub-Type Other
Status Active

Community Information

Address 2451 Nw Old Thompson Bridge Road
Subdivision Hidden Cove
City Gainesville
County Hall - GA
State GA
Zip Code 30501

Amenities

Utilities Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Parking Spaces 9
Parking Detached, Level Driveway, Parking Lot
View Lake
Is Waterfront Yes
Waterfront Lake Front
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No
Stories Three Or More

Exterior

Lot Description Wooded
Windows Double Pane Windows
Roof Composition
Construction Cement Siding, Concrete

School Information

Elementary Enota Multiple Intelligences Academy
Middle Gainesville East
High Gainesville

Additional Information

Days on Market 119
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEXP Realty, LLC.

Listing Map

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